National Average Spot TL Rates
- Van: $1.68/mile, up 6 cents
- Reefer: $1.92/mile, up 1 cent
- Flatbed: $1.92/mile, up 4 cents
Load-to-Truck Ratios Fall
The van load-to-truck ratio dropped 9% to 2.8 for the week as the number of posted van loads fell 7% and truck posts rose 2%—unusual for a week with a 6-cent increase in the average van rate.
Reefer load posts declined 4% while truck posts increased 3%. The result: a 7% decline in the reefer load-to-truck ratio (5.6). The flatbed load-to-truck ratio fell 7% to 13.4 after flatbed load posts declined 6% and truck posts increased 1%.
Hanjin Fallout
The Hanjin Shipping Co. bankruptcy continues to affect demand on the West Coast, as Los Angeles was again the No. 1 market for van load posts by a wide margin. The load-to-truck ratio there was 7.4 (the national average was 2.8). Eastbound freight remained solid for carriers: L.A.-Elizabeth, N.J., averaged $1.74/mile.
Vans: Regional Focus
- West: Los Angeles, $2.06/mile, up 4 cents
- South Central: Dallas, $1.50/mile, up 1 cent
- Southeast: Charlotte, $1.92/mile, up 3 cents
- Northeast: Buffalo, N.Y., $2.00/mile, up 6 cents
- Midwest: Chicago, $2.03/mile, up 2 cents
High-Dollar Reefer Lanes
Reefer rates were up and down, even among the high-dollar lanes by region:
- West: Ontario, Calif.-Phoenix, $2.86/mile, up 3 cents
- South Central: Dallas-Houston, $2.32/mile, down 7 cents
- Southeast: Atlanta-Lakeland, Fla., $2.70/mile, down 11 cents
- Northeast: Elizabeth-Boston, $3.53/mile, down 15 cents
- Midwest: Grand Rapids-Cleveland, $3.48/mile, up 2 cents
Also out of Grand Rapids, the lane to Atlanta dropped 53 cents to $2.23/mile, which gives you a good idea of how mixed the trends were last week.
Rates are derived from DAT RateView, which provides real-time reports on prevailing spot market and contract rates, as well as historical rate and capacity trends. All reported rates include fuel surcharges.
Get the latest rate trends at DAT.com